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Repositioning the Brand – Toward a Sustainable Multi-Industry Corporation
At the Annual General Meeting, Danh Khoi Group Joint Stock Company officially announced its rebranding to NRC Group Joint Stock Company.
This strategic move marks the beginning of a comprehensive restructuring phase, orienting NRC toward becoming a diversified and sustainable multi-sector corporation.
The name change is not merely symbolic — it reflects the Board of Directors’ strong commitment to reposition NRC as a multi-industry enterprise.
In addition to its core business of real estate development, in 2025 NRC plans to expand into new sectors, including food, high-tech agriculture, pharmaceuticals, medical supplies, and healthcare.
These are industries with strong long-term growth potential, well aligned with NRC’s sustainable development strategy guided by Environmental, Social, and Governance (ESG) principles.
NRC will establish or invest in subsidiaries operating in these sectors. Each member company will design business plans suited to market conditions while creating synergies within NRC’s ecosystem — particularly across the urban and residential projects developed by the Group.
Targeting VND 959 Billion in Revenue and VND 25 Billion in Pre-Tax Profit for 2025
According to the plan approved at the AGM, NRC aims for consolidated revenue of VND 959 billion and pre-tax profit of VND 25 billion in 2025.
Given the continued macroeconomic headwinds affecting the real estate market, these targets represent a realistic and strategic step toward restructuring operations, optimizing resources, and building a foundation for sustainable growth.
In parallel, NRC continues to strengthen its brand positioning as a sustainable developer with a diverse ecosystem of products and services, addressing real market needs and expanding its reach both domestically and internationally.
Issuing Over 92.5 Million Shares to Double Charter Capital
In 2025, NRC plans to raise capital through strategic partnerships with institutional investors and financial partners to reinforce its financial foundation.
The Group also intends to accelerate investments that enhance business efficiency and value creation.
NRC will review and acquire suitable projects, prioritizing a diverse real estate portfolio — including low-rise housing, social housing, high-rise apartments, and commercial centers — to ensure stable cash flow, liquidity, and strengthen NRC’s market positioning.
To support this development and financial restructuring strategy, NRC plans a private placement of over 92.5 million shares, equivalent to VND 925 billion at par value.
Accelerating Digital Transformation and Strengthening Governance
Operationally, NRC continues to pursue a “lean and efficient” organizational model, focusing on building a high-quality, multi-skilled workforce.
The Group is accelerating digital transformation, enhancing internal management systems for better risk control and overall governance efficiency.
Additionally, NRC will integrate ESG standards into its business, investment, and operational practices.
At the AGM, shareholders also approved the appointment of two new members of the Board of Directors — Mr. Nguyễn Huy Cường and Ms. Nguyễn Thị Hương Giang — replacing members who resigned.
With their experience and expertise, the new Board members are expected to contribute significantly to NRC’s stability and future growth.
